Knollwood Investment Advisory LLC Increases Holdings in Royal Caribbean Cruises Ltd. $RCL

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Knollwood Investment Advisory LLC significantly increased its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 227.3% during the third quarter, bringing its total holdings to 8,429 shares valued at $2.73 million. Other institutional investors like Vanguard Group Inc. and Ameriprise Financial Inc. also boosted their positions, with institutional investors collectively owning 87.53% of the company’s stock. Analysts have a “Moderate Buy” rating for RCL with an average price target of $348.52, and the company recently increased its quarterly dividend to $1.50 per share.

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